This course presents the concepts of financial and managerial accounting with a "user" (investor or manager) orientation. The course has three parts. The first part provides the accounting cycle and the reporting process, with an emphasis on the valuation bases and structure of the financial statements. The second part focuses on the interpretation and analyses of the financial statements, including analyses of cash flows and cross-sectional and time-series trends in financial ratios. The role of managerial accounting choices in determining the nature of financial reporting and quality of earnings is also examined. The third part examines the role of accounting information for managerial planning and control. Costing for inventory and pricing, cost-volume-profit analyses, and budgeting issues are covered.

0501.
Financial Accounting Theory
(3 s.h)

Prerequisite: Accounting 401 or Accounting 500 (2005 version)

Students who have taken intermediate accounting at the undergraduate level should not enroll in this course. Intensive study of financial accounting theory and generally accepted accounting principles. Areas emphasized are income measurement, valuation of tangible and intangible assets, and accounting for liabilities and shareholders` equity. Proper financial statement presentation and disclosure covered in detail.

Analysis of business enterprise through financial statements, concepts, and analysis of related data. Emphasis on the user's point of view. Structured to maximize student's ability to use and analyze financial statements.

0521.
Managerial Cost Accounting
(3 s.h)

Prerequisite: Students who have taken cost accounting at the undergraduate level should not enroll in this course.

Intensive study of the accounting information needs of internal management. Both cost accumulation and cost control are examined.

0523.
Auditing Theory and Practice
(3 s.h)

Prerequisite: Accounting 500 or permission of instructor.

Professional standards and ethics, internal control, gathering and documentation of audit evidence, a detailed analysis of auditing procedures applied to major balance sheet and income statement accounts, and the preparation of the auditor's report. Statistical sampling and EDP concepts as they relate to auditing.

0525.
Accounting Information Systems for Management Control
(3 s.h)

A study of accounting information systems from a managerial accounting perspective. Topics covered will include: database and systems development, new trends in information technology and the impact of information systems on organizations.

0550.
Concepts of Healthcare Accounting
(3 s.h)

Prerequisite: Accounting 401

In-depth study of the concepts, objectives, and techniques of financial reporting in health care institutions.

0551.
Accounting for Third Party Reimbursements
(3 s.h)

Concepts and structure of third-party payment environments are examined for their implications on healthcare institutions. Cost finding and analysis techniques for management application are emphasized. Relationships between rate setting and payment are also studied.

0551.
Accounting for Third Party Reimbursements
(3 s.h)

Concepts and structure of third-party payment environments are examined for their implications on healthcare institutions. Cost finding and analysis techniques for management application are emphasized. Relationships between rate setting and payment are also studied.

0552.
Accounting for Federal Health Insurance Programs
(3 s.h)

A critical analysis of federal law and regulations which have a profound effect on the operation and solvency of all major health care delivery systems. The crucial role of accounting and its unique impact on operating income in this setting is emphasized. Practical case studies and actual examples are used to highlight key issues.

0555.
Accounting in an ERP Environment
(3 s.h)

Prerequisite: Pre-requisite: MIS 560

This course integrates material from the previous courses in the MBA/MS program and is only available to MBA/MS students. In this course, we will work extensively with Microsoft Great Plains eEnterprise and other accounting information system software to understand how information technology can provide a secure environment for electronic business transactions and provide timely information for managers of businesses and

0556.
Accounting Information Systems for eBusiness
(3 s.h)

Prerequisite: Pre-requisite: MIS 501

0571.
Federal Taxation
(3 s.h)

their customers and suppliers.

0572.
Tax Planning and Research
(3 s.h)

Methods of tax research (including computer based searches) and the communication of results for the determination of tax planning strategies are studied. The case method is used throughout the course. Oral and written communication are required. Enrollment is limited to students in the M.S. Taxation program or by permission of the Taxation program director.

0573.
Taxation of Sales and Exchanges of Property
(3 s.h)

Comprehensive analysis of taxation of gains and losses from the distribution of property. Topics covered: requirement of realization, computation of gain or loss, nonrecognition of gain or loss on certain dispositions, transfers by gift or at death, capital gains and losses, and determination of basis. Enrollment is limited the students enrolled in the M.S. Taxation program or by permission of the Taxation program director.

0574.
Corporate Taxation I.
(3 s.h)

Analysis of the tax factors associated with organization ofthe corporation, payment of dividends and other non-liquidating distributions, redemption of corporatestock, and liquidation and reorganization of corporations. Enrollment is limited the students in the M.S. Taxation program or by permission of the Taxation program director.

0575.
Corporate Taxation II.
(3 s.h)

Prerequisite: Corporate Taxation I.

Additional advanced topics, including: the personal holding company, brother-sister corporations, penalties for improper accumulation of surplus and consolidated tax returns. Enrollment is limited to students in the M.S. Taxation program or by permission of the Taxation program director.

0576.
Partnerships and Subchapter S Corporations
(3 s.h)

Intensive study of partnership tax matters: use of limited partnership for tax shelter purposes and subchapter S corporations, including formation, allocations, distributions, and terminations. Enrollment is limited to students in the M.S. Tax program or by permission of the Taxation program director.

0577.
Pension, Profit Sharing, and Other Compensation Plans
(3 s.h)

Analysis of various employee compensation plans, with special emphasis on qualified retirement plans. Also, self-employment retirement plans and individual retirement accounts. Selection, qualification, operation, administration and termination of the plan. Enrollment is limited to the students in the M.S. Taxation program or by permission of the Taxation director.

0578.
Estate, Gift, and Trust Taxation
(3 s.h)

Tax consequences of inter vivos and testamentary transfers of property, gift taxes, and gift-splitting, and numerous estate planning considerations. Enrollment is limited to students in the M.S. in Taxation program or by permission of the Taxation program director.

0579.
Civil and Criminal Tax Procedure
(3 s.h)

Federal tax procedure at the administrative level, including an overview of tax litigation. Topics covered include: examination of returns, summons power, assessment of deficiencies, administrative settlement of tax disputes, interest and civil penalties, and criminal prosecutions. Enrollment is limited to students in the M.S. Taxation program or by permission of the Taxation program director.

0580.
International Taxation
(3 s.h)

Tax consequences of international operations of U.S. corporations examined, as is taxation of expatriates, DISCs, Western hemisphere trade operations and licensing arrangements. Enrollment is limited to students in the M.S. Taxation program or by permission of the Taxation program director.

0582.
State and Local Taxation
(3 s.h)

State and local income and franchise taxes, their legal bases and restrictions, and their economic impact. Special attention to appropriate provisions of tax codes of Pennsylvania and city of Philadelphia. Enrollment is limited to students in the M.S. Taxation program or by permission of the Taxation program director.

0583.
Consolidations and Affiliated Corporations
(3 s.h)

Prerequisite: Advanced Corporate Taxation I.

Study of federal taxation of consolidated income and the tax regulations which apply to affiliated groups. Topics include: intercompany transactions, inventory adjustments, basis rule for investments in affiliates, disposition of subsidiaries, earnings and profits, and allocations of consolidated taxes.

0594.
Special Topics- Accounting
(3 s.h)

0598.
Independent Study
(1-6 s.h)

Prerequisite: approval of the department

Study in particular aspects of accounting under the direct supervision of a graduate faculty member. No more than six semester hours of independent study may be counted toward degree requirements.

0599.
Independent Study
(1-6 s.h)

Prerequisite: approval of the department

Study in particular aspects of accounting under the direct supervision of a graduate faculty member. No more than six semester hours of independent study may be counted toward degree requirements.

0800.
Financial Accounting
(3 s.h)

Prerequisite: Limited to students matriculated in the Executive M.B.A. program

Learn the basic concepts of accounting and financial reporting and how this information is utilized by a manager. Practical considerations occurring in everyday business operations are stressed. Theories of revenue recognition, inventory valuation, intangible assets, and reporting for leases are discussed

0804.
Managerial Accounting for Business Decision Making
(3 s.h)

Prerequisite: Limited to students matriculated in the Executive M.B.A. program

Utilize accounting principles and concepts to make better day-to-day business decisions. Cost behavior, variable margin, cost-volume-profit relationships are examined along with budgeting, break-even, and incremental analysis in today's business decision making environment.

0896.
Directed Study in Accounting
(variablecredit s.h)

Prerequisite: permission of the department

Supervised individual reading and research projects. (Often associated with a seminar in which papers on a variety of topics are presented.)

0897.
Directed Study in Accounting
(variablecredit s.h)

Prerequisite: permission of the department

Supervised individual reading and research projects. (Often associated with a seminar in which papers on a variety of topics are presented.)

0898.
Directed Study in Accounting
(variablecredit s.h)

Prerequisite: permission of the department

Supervised individual reading and research projects. (Often associated with a seminar in which papers on a variety of topics are presented.)

0899.
Directed Study in Accounting
(variablecredit s.h)

Prerequisite: permission of the department

Supervised individual reading and research projects. (Often associated with a seminar in which papers on a variety of topics are presented.)